The Delhi High Court while allowing the Income Tax Exemption to Indian Broadcasting Foundation has held that fund...

The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has held that the capital loss incurred under the India-Ireland...

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has deleted the income tax additions on bogus transactions on...

A boatman’s family from Arail village, Prayagraj, has been issued an income tax notice of Rs. 12.8 crore after earning...

The Madras High Court has upheld the income tax assessment transfer from Income Tax Officer, Theni, to the Deputy...

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) while allowing the deduction under Section 37(1) of the Income...

The Bombay High Court has held that income tax notices issued to deceased persons are not binding on legal...

The Gauhati High Court has held that the retracted statement alone is not sufficient for income tax addition, and there...

The Karnataka High Court while settling all aspects of input tax credit (ITC) claims has held that ordinarily, the claim...

Income Tax Weekly Flashback for the period 9 to 15 March 2025. Delhi High Court Existence Of ‘International...

The Delhi High Court has held that bad debt deduction under Section 36 of the Income Tax Act allowed only for banking or...